Unmatured Surviving Obligation definition

Unmatured Surviving Obligation means, at any time, any Obligation that is not due and payable (and for which no claim with respect thereto has been asserted or demanded) at such time and by the terms of the applicable Loan Document survives the termination of such Loan Document.
Unmatured Surviving Obligation means, as of any date, an Obligation which is contingent and unliquidated and not due and owing on such date and which, pursuant to provisions of the Subordinated Loan Agreement, the Subordinated Note, this Hyatt Gaming Collateral Agreement, the other Collateral Documents and any other document or agreement executed in connection herewith or therewith, survives termination of such documents or agreements and the indefeasible payment in full of the Senior Notes.
Unmatured Surviving Obligation as defined in the definition ofPaid in Full” or “Payment in Full”.

Examples of Unmatured Surviving Obligation in a sentence

  • So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation (other than any Unmatured Surviving Obligation) hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding: 9.01 Liens .

  • So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation (other than any Unmatured Surviving Obligation) hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding: 8.01 Financial Statements .


More Definitions of Unmatured Surviving Obligation

Unmatured Surviving Obligation means, at any time, any obligation that is not due and payable (and for which no claim with respect thereto has been asserted or demanded) at such time and by the terms of the Agreement, any Note or the Subsidiary Guaranty Agreement.
Unmatured Surviving Obligation means, as of any date, an Obligation which is -------------------------------- contingent and unliquidated and not due and owing on such date and which pursuant to provisions of this Agreement survives termination of this Agreement and the repayment of the Loan, such as, for example, a contingent and unliquidated indemnification obligation under Section 7.7. ------------ Accounting Terms ----------------- . Except where context otherwise requires, all accounting terms not expressly defined herein shall be construed and all financial computations required under this Agreement shall be made in accordance with GAAP as then in effect.

Related to Unmatured Surviving Obligation

  • Escrow Obligations means (a) Government Obligations, (b) certificates of deposit issued by a bank or trust company which are (1) fully insured by the Federal Deposit Insurance Corporation or similar corporation chartered by the United States or (2) secured by a pledge of any Government Obligations having an aggregate market value, exclusive of accrued interest, equal at least to the principal amount of the certificates so secured, which security is held in a custody account by a custodian satisfactory to the Registrar or the Registrar, as the case may be, or (c)(1) evidences of a direct ownership in future interest or principal on Government Obligations, which Government Obligations are held in a custody account by a custodian satisfactory to the Registrar pursuant to the terms of a custody agreement in form and substance acceptable to the Registrar and (2) obligations issued by any state of the United States or any political subdivision, public instrumentality or public authority of any state, which obligations are fully secured by and payable solely from Government Obligations, which Government Obligations are held pursuant to an agreement in form and substance acceptable to the Registrar and, in any such case, maturing as to principal and interest in such amounts and at such times as will insure the availability of sufficient money to make the payment secured thereby.

  • Defects Liability Expiry Certificate means the certificate to be issued by the Client to the Contractor, in accordance with the Contract.

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Unmatured Event of Default means any event which, with the giving of notice, the passage of time or both, would constitute an Event of Default.

  • Indemnity Escrow Amount means $5,000,000.

  • Indemnity Escrow Agreement has the meaning set forth in Section 1.5.

  • Outstanding Obligations means, as of any date, and giving effect to making any Extension of Credit requested on such date and all payments, repayments and prepayments made on such date, (a) when reference is made to all Lenders, the aggregate outstanding principal amount of all Loans and (b) when reference is made to one Lender, the aggregate outstanding principal amount of all Loans made by such Lender.

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • Unmatured Default means an event which but for the lapse of time or the giving of notice, or both, would constitute a Default.

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).